Magan Development and Reality Private Limited
About Magan Development and Reality Private Limited
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Magan Development and Reality Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sahara Prime City Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH1997PTC106881.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Chandra Verma and Himanshu Pathak.
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sahara India Point Cts 40 – 44 S.V. Road Goregaon West, Mumbai, Maharashtra, India – 400104.
As per MCA filings, the company has satisfied charges of ₹87.5 Cr on record. Court records list 2 cases involving the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressSahara India Point Cts 40 – 44 S.V. Road Goregaon West, Mumbai, Maharashtra, India – 400104
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Magan Development and Reality Private Limited FY 2022 filings available
Magan Development and Reality Private Limited reported revenue of ₹4,550 (down 5% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Magan Development and Reality Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 5% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Magan Development and Reality Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Magan Development and Reality Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Magan Development and Reality are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Magan Development and Reality Private Limited
Magan Development and Reality Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magan Development and Reality Private Limited this company | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Hobart Reality and Leasing Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Puneeta Reality and Finance Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Vaijayanti Investment and Reality Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Shishira Reality and Development Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Dattaatreya Estate and Reality Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Mridu Development and Estate Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Cyrus Estate and Reality Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Filmore Leasing and Development Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Uttaresh Reality and Development Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Pushkala Development and Finance Private Limited | ₹4,550 (FY 2021) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Magan Development and Reality by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Magan Development and Reality Private Limited
Magan Development and Reality Private Limited is audited by S N KAPUR & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S N KAPUR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Magan Development and Reality Private Limited
Magan Development and Reality has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Chandra Verma Also directs: Sahara Superb Mining Corporation Limited, Sahara Screen Production Enterprise Limited, Sahara India Electricals Limited and 5 more | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
| Himanshu Pathak | Director | 03 May 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Magan Development and Reality Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Magan Development and Reality Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2009 | Punjab National Bank | ₹87.5 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Magan Development and Reality Private Limited
Magan Development and Reality Private Limited has 2 court cases on record: 2 where it is another party. All cases are pending. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Company is another party | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Magan Development and Reality Private Limited
Employment history and EPFO contributions of people linked to Magan Development and Reality.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Magan Development and Reality Private Limited
Magan Development and Reality Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Himanshu Pathak ceased to be Additional Director on 28 Sep 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Magan Development and Reality Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Magan Development and Reality Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Magan Development and Reality Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Magan Development and Reality Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Magan Development and Reality Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Magan Development and Reality Private Limited
Magan Development and Reality is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 March 1997 (29+ years old) and is registered under CIN U70200MH1997PTC106881.
Magan Development and Reality has 2 current directors:
- Mahesh Chandra Verma - Director
- Himanshu Pathak - Director
The CIN (Corporate Identification Number) of Magan Development and Reality is U70200MH1997PTC106881. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magan Development and Reality has 2 court cases on record. 2 are pending.
Magan Development and Reality was incorporated on 27 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Magan Development and Reality by revenue are Hobart Reality and Leasing Private Limited, Puneeta Reality and Finance Private Limited, Vaijayanti Investment and Reality Private Limited, Shishira Reality and Development Private Limited, Dattaatreya Estate and Reality Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Himanshu Pathak ceased to be Additional Director on 28 Sep 2023. Himanshu Pathak was appointed as Director on 03 May 2023. Mahesh Chandra Verma ceased to be Additional Director on 23 Sep 2016. Magan Development and Reality has 10 board changes on record in total.
The registered office of Magan Development and Reality is at Sahara India Point Cts 40 – 44 S.V. Road Goregaon West, Mumbai, Maharashtra, India – 400104.
Magan Development and Reality has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Magan Development and Reality operates in the real estate and construction industry, in the real estate builders and developers segment.
No. Magan Development and Reality is not listed on any stock exchange. It is an unlisted company.